Last week, we saw a number of important economic updates as we kicked off December. Business confidence fell unexpectedly last month, but a better-than-expected jobs report and increased consumer confidence bode well for future growth. This will be a relatively quiet week for economic updates, with November’s inflation figures and the retail sales report highlighting the release calendar.

Last week was filled with economic updates, as we finished out the month of November. The highlight was the second estimate of third-quarter GDP growth, which showed faster economic growth than previously reported. This week, data releases will focus on business and consumer confidence, international trade, and November’s employment report.

Last week, the housing sector continued its recent rebound, as low interest rates and increasing consumer confidence helped deliver potential home buyers to the market. Despite the holiday, this week will be busy again. Tuesday and Wednesday are packed with economic updates as we head toward month-end.

Last week, we saw that core inflation pressure remains muted for both consumers and producers, despite increasing gas prices. Retail sales rebounded in October, following a disappointing decline in September. This week, we’re focusing on important updates on the housing markets and consumer confidence, as well as the release of the FOMC minutes.

Last week was relatively quiet for economic news—the few major reports released related to international trade and service sector and consumer confidence. The trade deficit narrowed as expected, while service sector and consumer confidence both increased by more than anticipated. This week, a little more action is forthcoming, as we’re expecting updates on consumer and producer inflation, retail sales, and industrial production.

Last week was jam-packed with economic updates, many of which beat expectations. Faster-than-expected GDP growth in the third quarter and a stronger-than-expected October employment report highlighted a week in which the Fed cut the federal funds rate by 25 bps. This week will be quieter, with notable releases on international trade, the service sector, and consumer confidence.

Last week’s economic updates largely disappointed, with housing sales, durable goods orders, and consumer confidence all declining. Upon closer inspection, however, we found some positive developments, with continued year-over-year housing growth as a highlight. This week will be very busy, with the Fed’s October rate-setting meeting, the first report on third-quarter GDP growth, and the October jobs report all on the docket.

Last week, important updates on retail sales, home builders, and industrial production yielded mixed results. This week, we’re expecting some more ups and downs, with updates to come on home sales, durable goods, and consumer confidence.  

Last week’s news focused on inflation, consumer confidence, and the minutes from the Fed’s most recent meeting. This week will be another busy one, with reports on retail sales, housing, and industrial production scheduled.  

For the most part, last week’s news came in worse than expected, with notable declines in business confidence and a lackluster employment report drawing the most attention. This week will be busy, with updates on producer and consumer inflation, minutes from the Fed’s most recent meeting, and a consumer confidence survey all scheduled for release.